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20120926
20121004
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CNN 4
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Search Results 0 to 33 of about 34 (some duplicates have been removed)
CNBC
Sep 28, 2012 7:00pm EDT
of the economy, and if that stops jobs are going to stop, too and so is everything else. >> larry, i think those are very good points. i would argue most of the weakness we are seeing in the manufacturing side is a function of much weaker export s because of weakness in europe and asia. i think what we are seeing in the latest chicago data is a catchup with all the other weakness we had seen in earlier surveys. i think the economy is weak. it's not strong by any means but the labor market looks like it is growing. i don't think it will rollover from modest job growth. claims are ploe low and tax receipts are improving. >> 1 30i7b 3% depend we got earlier this weak. a lot of people would call ate growth recession. i want to ask is this stall-speed or an actual recession? >> i think we have slowed since the 1.3% second quarter number larry. we are seeing durable goods orders down in july and august. we are seeing the pmi is down. importantly, europe is moving in to a recession. germany is now in recession and china is not doing its stimulus. you have a coordinated global slow down starts now and i
FOX News
Sep 28, 2012 9:00am EDT
's economy is dead flat, teetering on recession. 10-year high for unemployment and france puts in place huge tax increases. bill: i'm reading the two measures bringing around half a billion euros. >> that's it. >> what will that do for them? >> not much. there are other taxes as well which will bring in a total they think of 20 billion euros. bill: higher tax rates on dividends? >> dividends, capital gains, dividends, profits, reinvestment of capital, interest you name it. bill: here is a query for you. are they cutting spending at all? >> by about $10 billion euros. $20 billion worth of tax increases. $10 billion worth of spending cuts gives you a 30 billion euro reduction they think in the budget deficit. bill: well on the spending cuts, how much resistance was there? >> there is going to be a lot of resistance. in france there is really a cradle to grave security system and the state is at the very center of the economy. when the state starts cutting into to spending, cutting down on spending, there will be some resistance and it will be seen on the streets. bill: do you expect the wealth
CSPAN
Sep 30, 2012 7:00am EDT
on domestic issues including the economy and jobs. the second debate on the campus of hofstra university. politico has this piece about jim leher. for the first time in the 2012 campaign, the president and mitt romney will face each other in what many consider the most important even between now and november 6. for the 12th time in the history of debates, jim leher has been asked to serve as moderator making him the most experienced a moderator and the modern history, he is uniquely suited according to his contemporary. at a time when the electorate is as divided as ever and wind -- media scrutiny is -- next is hayley. welcome to the program. caller: good morning. thank you for taking my call. i am one of the people who spend every summer for the last few summers going around the nation asking questions. my main question is, what do people think politically and what they are paying attention to. you say are a third party is relevant, yes, they are. they will never get any kind of support as long as the american people are more interested in things like "dancing with the stars." that is a
CSPAN
Oct 2, 2012 12:00pm EDT
with hundreds of billions of dollars and most of the discretionary spending cuts would drive the economy back into recession and cost too many jobs of the other hand would also go a long way to produce budget deficits. even by washington standards that seems pretty important. to discuss the cliff and its consequences of a panel of the four but it did it cover in budget watchers. bob greenstein is on the senate priorities and that of president obama's transition team policy work. douglas holtz-eakin is president of the american action forum and headed the domestic policy staff in the campaign ad was the director of the congressional budget office. donald marron is the director of the tax policy center and member of george bush's advisor and acting director of cbo and finally, digamma rogers blogs as an economist and was the chief economist of the house budget committee for the democratic staff of the house ways and means committee. the format today will be relatively straightforward. each of the panelists will speak for five minutes. i will ask some questions and we will get a discussion going
FOX News
Sep 26, 2012 6:00am PDT
hunt at the u.n.. martha: take a look at the u.s. economy this morning. there is a new report that has some not very good news on this. families are seeing a lot less money in their paychecks according to this new report. it finds the median household income fell by 1.1% to under $51,000 last month. you take a look at the chart on this since 2009 and it is not a pretty picture. it is a significant drop since the president came into office. stuart varney joins me now. he is the host of "varney & company" on the fox business network. stuart, good morning. that's a tough chart. >> yes, it is a tough chart. it paints a picture of real distress in middle america. buying power down, our standard of living falling and hardship, hardship right there in the middle of america is actually give gettingous. -- getting worse. let me give you key number. from the start of the obama administration the median household income in america has fallen, repeat, fallen, down around $4,000. we've not seen this kind of decline over a long period of time, three, four years, we have not seen this before. if you
FOX News
Sep 26, 2012 10:00am PDT
. the governor earlier today focused on the economy. >> do we really want four more years with 23 million americans struggling to find a good job? >> no! >> i mean, do we want four more years where half the kids coming out of college can't find work or college-level work? >> no! >> do we want four more years where every single year the take home pay goes down? >> no! >> do we want four more years of trillion dollar deficits? >> no! >> yeah, i don't believe we can afford four more years like the last four years. the people of ohio are going to say loud and clear on november 6th we can't afford four more years, we must do better. [cheers and applause] megyn: well, one of the political writers focused on the romney change today is chris stirewalt, fox news digital politics editor. chris, there is a shift in the romney approach. describe exactly what we're seeing. >> well, what you're seeing is a campaign that had previously been trying to have a campaign that was structured around the idea that barack obama was a nice guy, a good fellow, a good dad and an all-around swell american but that m
FOX News
Sep 26, 2012 8:00am PDT
the fallout of the crisis threatens the u.s. economy on your 401k. amy kellogg joins us from london with more. >> reporter: it affects your 401k was the markets of course are corelated and the markets in europe are down. also the s&p derives a significance portion of its earnings from european then american companies have operations overseas that make money in europe, therefore if the economy here is in a bad way that hurts americans. there was this big strike in greece today that got violent when some black-hooded anarchists kind of took advantage of the situation, throwing gasoline bombs at police. they used a general strike and march as a vehicle to just rage against authority. over 50,000 people came out. they are processing the further cuts that are coming their way . many in greece are generally desperate now having seen their salaries drop by more than 20% already since austerity became a way of life in greece. social safety networks are not able to save people. one person at the demonstration was quoted as saying, we are bleeding, we can't take it any more. the new conservative-led co
FOX Business
Sep 27, 2012 1:00pm EDT
be an increase in productivity. lori: that was a pretty pathetic segue on my part to talk about the economy. as you know, there was a slew of economic data points released today. generally weak data. gdp and durable goods spell trouble ahead. m is a chief economist at russell and is joining us now. will there be an economic impact? >> hopefully the nfl, as you said, will lead to less productivity at work. getting back to that net positive for the economy. lori: thank you for flying. you had a downward revision. does that cause you to change your outlook? >> no. i view the gdp number being revised, i think that is just in line and reconciling with the last six months. the payroll data has averaged 97,000 jobs a month. that seems more consistent with the 1.3 gdp numbers that we sell today and with the 1.7 we saw previously. i think we are just reconciling accounts here. lori: you are on board with this qe3 that has been so controversial? >> yes. i certainly am. i view qe as a step towards growth targeting. if they have this formal inflation target of 2% now, they certainly want to keep room i
CSPAN
Oct 3, 2012 1:00pm EDT
economy has not seen disruptions like some years ago. why? 1989, now each year china has many law school students. that is faster than united states, for better or for worse. [laughter] their commercializing the media. none of them existed in 1989 in china. this provided a stabilizing force for a peaceful transition. the party needs to transform itself before it is too late. there is a serious discussion among social groups talking about legitimacy of the chinese communist party. how could it be possible? because his ambition will never stop. that is an important lesson. this is a critical moment china is experiencing at this conjunction of history. so, in a way, to answer your question, the leadership, in many ways they also sense the of the vulnerability. but it is not clear whether they will really transform the party because it is a very complicated process. there are ethnic issues. again, all of these issues will resurge, plus, the economy, slowed down. that as a result of the political problems and a further revealed the fundamental problems in the system, monopoly, corruption, etc
CSPAN
Oct 2, 2012 8:00pm EDT
with government -- >> we had a downturn in the economy. we of hard times, people looking for work and not able to find jobs. >> 65% of federal spending going to individual payments. it may not sound good, but we have created a welfare state. >> to blame it all on president obama is even worse. to declare the president of the united states is manipulating so people will stay and vote democrat? i think that is the most ridiculous thing i have ever heard. if such a cynical view of the presidency and of government. that cannot possibly reflect -- >> your response? >> i think a far better approach than a dependency is removing the barrier the federal government puts in place to small businesses and allowing entrepreneurs and small businesses to drive. >> what barriers? >> i am very happy to discuss the various. >> i wish she would. >> let him finish and make his point, then you can respond. >> what texans are looking for, and what is inherent in the east coast of texas, is that we are not looking for handouts. we're looking for the chance to the entrepreneur is, to work to achieve. think there have
MSNBC
Oct 1, 2012 3:00am PDT
of terrorism. while some romney advisers argue they should keep their focus on the economy, politico says plans are in the works for mitt romney to deliver a major foreign policy speech shortly after wednesday's debate. what do you think of that? you think he should do that? >> yes. i think, as i said, right after the killing, that wasn't the time to talk about this. >> right. >> now is the time, several weeks later, to talk about it. john heilemann, the lead in "the new york times," mistake in faith and security seen at libya mission before benghazi raid. response to the june bomb raised confidence in local guards. this benghazi story is an absolute mess. i think -- i've heard stuart stevens as saying let's focus on the economy. i think stuart stevens is exactly right. americans don't care as much in the polls about foreign policy. but several weeks later after this, i think it's very legitimate now that the press is going in and a couple of weeks have passed since the ambassador's death, now, yes. i mean, he's got a responsibility to talk about how badly the white house bungled this. >> i thi
CNN
Sep 28, 2012 1:00pm EDT
at a military acted any many pennsylvania romney hammered away at the president over the economy. >> i have to tell you that i don't know how a single person who goes to this institution could consider voting for the incumbent for president. i say that for this reason. if they want to go in the military, why, he is planning on cutting our military by about $1 trillion over the next decade. if they want to go on to either get a job directly or go on to a four-year college and come out with a gee, you know that 50% of kids coming out of college today can't find a job or a college level job. on both fronts, this president's policies have not worked for the young people of america. >> their first debate happens on wednesday. the romney team is downplaying expectations. romney advisor beth myers distributes this memo explaining why the president is probably going to do better. she says that president obama is one of the most talented political communicateors in modern history. this will be his eighth one-on-one presidential debate and romney's first. the president will use his ample rhetorical g
CSPAN
Sep 27, 2012 6:00am EDT
, handful decisions are but we're going to have to face them spent fixing the economy sunday at 8 p.m. on c-span's q. and a. >> next a form on the 2012 elections focusing on demographics, the economy and a center for american progress report on how the presidential candidates can get the electoral votes they need to win. we wished as much of the hour and have even as we can until our live coverage at nine eastern. >> good afternoon, everyone. my name is daniella gibbs leger and i'm vice president for american values and newt gingrich are at the center for american progress. i want to thank you for joining us. for the past, rogue demographics, economics and voter registration, voter ideology in the 2012 election. and i want to wish you all paid happy voter registration day. i'm sure everyone in this room s registered to vote. this is being cohosted by two fantastic teams. if we are just a few weeks before the election and i know that may seem like a very short time but in politics it's a lifetime. we were interested in taking down into what is actually happening in the states. what trends we
FOX News
Oct 1, 2012 6:00pm PDT
is stacked to play in romney's favor. the things romney is accusing obama of owe mismanaging the economy, fast and furious, this banghazi stuff -, that can't be rebutted. what obama is accusing romney of, being a tax cheat, swiss bank accounts, all that kind of stuff, can be rebutted. >> sean: what obama will say -- thus this will be mostly on the economy. obama will say, it's getting better. that was the recovery summer of 2010. >> but romney -- there were a whole lot of people right now who want to vote for romney. want to vote against obama. but they don't want to vote for romney because of all the negatives obama's piled on them which has not been answered. they're sitting on one side waiting for permission to jump over and vote for romney. in the debate, that he's not a monster, that he's a man of integrity and defending himself on this stuff, can absolutely encourage them to jump over and make it possible for them to do that. >> sean: what a joke all weekend, watching the obama people trying to lower expectations. >> yeah, right. >> sean: 2-1. >> let's par remember that most debate
FOX Business
Sep 27, 2012 3:00pm EDT
financial and they're coming out with their numbers, basically the economy is improving. fewer borrowers are defaulting on their loans, on the debt. seeing more transactions, confidence has been improving for americans so they have been using their cards a little more. and paying it off. that is the environment we are in. nolast but not least, may deal with paypal, so that will add to their future transactions. for today a great day. ashley: ashley:.i. talking to john mccain about the biggest headwind facing the usa today. liz: can you imagine voting for this interview. wait until you listen come back here what he had to say. not just how we get rid of tax abductions, but all of them except two. but also which industries are mature enough that we should rip the rug out from underneath them and stop giving him all kinds of tax breaks. speaking very candidly with me. i first asked about different kinds of government strategies where government works best with this, here' here is what senator mccain had to say. >> you're picking winners and losers, and obvious in the case of solyndra and ma
FOX News
Sep 26, 2012 12:00pm PDT
to do the things necessary to get the budget in order and then spur the economy and start job creation. >>shepard: enormous challenges ahead. thank you. >> cyber attackers are hitting more american banks. wells fargo was a target this time. is a foreign government behind the attacks in is your money safe? we will get into the details on those fronts. new violence in europe's economic crisis. more open latest rounds of riots across europe. the situation is pretty dire. the scene is not pretty. we will get to that next. copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. [ male announcer ] fedex office. romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney.
CSPAN
Oct 2, 2012 1:00pm EDT
now. interviews he has given recently. >> i have been in the public eye economy and the need to get those problems straightened out. commanded the public attention issues? to judge that. what i can say is we need to describe what has happened and what is happening and what we need to do to get this under control, and right now, everybody is dancing around it and ducking as opposed to facing it, and if you have got cancer, the first thing you want to do is face it, right? we have got economic cancer at this point. we have got to fix it. >> that was the case in 1992 when you ran your first presidential campaign, and it was still the case when you ran your second in 1996. there was progress after that. a lot of people say that because of the campaigns you ran, we had surpluses and fought our way out of this, and now, it is worse than it was 20 years ago. >> exactly. >> how did we lose our way, compared to the late 1990's, when we fought our way out of this debt, to where we have gone from $4 trillion in debt when you were running to at $16 trillion? >> i am glad you mentioned that numb
CNN
Sep 27, 2012 5:00pm PDT
when voters are asked who do you most trust to handle the economy. if the challenger in this economy can't get a lead on the president on that question, he won't win. >> ari, do you agree with that, on that key question? >> well, it all comes down to the sample size and the poll. again, if the polls oversample democrats, of course you will get that answer. here's why, anderson, i think you have to dig a little deep. in the last six days, there have been seven polls in the state of florida. one of them has obama -- one of them has romney up by one point. the rest are a very close race within the margin of error, one point, three points, four points, four points, one for five points. a poll came out that shows the president is up nine points. here's how they got there. they have nine percentage point more democrat turnout than republican. it's a fantasy. in the 2008 obama landslide it was advantage for the democrats of just three points. republicans won florida in 2004, republicans turned out by four percentage points more. you just can't have those kind of swings, the numbers aren't r
CSPAN
Oct 3, 2012 12:00pm EDT
in the american economy. if we did get a decision on the grand bargain that the ten year time frame of how we would manage the cuts and spending and tax increases and investments, because we need to do all three. we need the tax, we need to cut and invest in the sources of our strength. i think that would just have a huge -- americans feel like children are permanently divorcing parents, and i think it is like a poll on the country in a lot of ways. so second, if we had a grand bargain on energy, how to exploit the bounty of natural gas in particular in the environmentally safe and sustainable way on the national basis i think those two things together would have a huge impact. so the question is how close are we to that? and i was saying about the middle east but it may apply to american politics is all important politics happens the morning after the morning after. so, i think -- hearing talking about the election. i don't know how the election is going to come up and make no predictions but i do ask myself if romney gets smashed i don't think the political problem is we have a center left
CNN
Sep 28, 2012 4:00am PDT
to point out the things that president obama has said that, if the economy doesn't get better, if jobs don't get better, he doesn't deserve a second term. we still have those issues in ohio and pennsylvania, where although ohio has improved some of its unemployment, we still have concerns about manufacturing, about steel, about health care issues, about energy, which are grave concerns in both of those states. and they have to be addressed by both candidates. >> right. and this memo, by beth myers, senior adviser, highlights some of that which you just said. but she says things like, he's a universally acclaimed public speaker, he has substantial debate experience, he's a uniquely gifted speaker. all speaking about president obama. the memo goes on to say that he's been in eight presidential debates compared to -- which i guess would be five with hillary clinton and three with -- with john mccain. but this, of course, would be the very first debate for -- for governor romney. the cynic in me says this memo is really all about lowering expectations. because if you can lower expectations, wh
Search Results 0 to 33 of about 34 (some duplicates have been removed)